Don't miss this rare chance to own a fully-rented, income-producing multi-family property in the highly desirable Passaic Park neighborhood. All units are currently rented at market rates, providing immediate cash flow. Perfectly positioned for commuters, this property is just steps from the bus stop, minutes from trains, and offers quick access to NYC as well as major highways including Route 3, 21, 80, the Garden State Parkway, and the New Jersey Turnpike. With its unbeatable location, strong rental history, and consistent demand, this is an investment you can count on.The home features recently renovated kitchens and baths, plus laundry hookups in the basement for added convenience. Each unit offers separate utilities, three spacious bedrooms, and abundant natural light. The second-floor apartment includes a bonus room perfect for a home office or creative space, while a walk-up attic provides even more potential for finishing and added living space. A long private driveway ensures convenient off-street parking for multiple cars. Close to abundant shopping, MetLife Stadium, and the beautiful Veterans Memorial Park. This is a turn-key investment in a thriving rental market schedule your showing today to secure this exceptional opportunity! Multiple offers received. Please submit highest & best offer by Wednesday at 2:00 PM.
Active
$699,000
135 Park Ave, Passaic City, NJ 07055
6beds
2,364sqft
Est.:
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$296/sqft
$-- HOA
What's special
Abundant natural lightBonus roomSpacious bedroomsLong private driveway
- 6 days
- on Zillow |
- 1,024 |
- 62 |
Zillow last checked: 22 hours ago
Listing updated: August 19, 2025 at 02:38am
Listed by:
Leslie Morrison 917-912-6907,
Compass New Jersey Llc
Source: GSMLS,MLS#: 3981176

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- 2 Units, Baseboard - Hotwater, Natural Gas
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Microwave, Range/Oven - Gas, Refrigerator, Self Cleaning Oven, Microwave Oven, Self-Cleaning Oven, Gas Water Heater
Features
- Chandelier, High Ceilings, Bedrooms, Eat-in Kitchen, Living/Dining Room, Pantry, Eat-In Kitchen, See Remarks
- Flooring: Vinyl-Linoleum Floors, Wood
- Windows: Stain Glass Windows
- Basement: Yes,Full,Unfinished,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 2,364
- Total interior livable area: 2,364 sqft
Property
Parking
- Total spaces: 4
- Parking features: 1 Car Width, Asphalt, Detached Garage
- Garage spaces: 2
- Uncovered spaces: 4
Accessibility
- Accessibility features: Exterior Handicap Equipped
Features
- Levels: Two
- Stories: 2
- Exterior features: Curbs, Handicap Equipped
Lot
- Size: 3,920.4 Square Feet
- Dimensions: 40 x 100
- Features: Level
Details
- Parcel number: 2507012910002000030000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1925
- Major remodel year: 2024
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Cable Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher
Location
- Region: Passaic
Financial & listing details
- Price per square foot: $296/sqft
- Tax assessed value: $312,100
- Annual tax amount: $12,867
- Date on market: 8/14/2025
- Total actual rent: 5500
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
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